Just 1 hint before I reply to the post: PLEASE include a link to a page with specs, pictures, etc. to make it easier for people to find information about it.
Now, I found the products specs online and there is no reason why it shouldn't work with your ps2. S-Video will be the best way to do it, and it will give you a much sharper picture. Check out:
Composite:
http://i21.photobucket.com/albums/b2.../composite.jpg
S-Video:
http://i21.photobucket.com/albums/b2...ant/svideo.jpg
Another thing is that you may want to look into whether this tv tuner can be switched between timeshift and realtime mode. Timeshift mode means that you will have a delay of ~2 seconds (tv tuners use this to implements pausing, etc.). If you cannot switch to realtime mode, be aware that there is a lag and that might affect games with a high twitch factor.
Unfortunately, I've never owned this particular model and I can't find anyone who has (and has tried to connect his console to it). However, if the software is installed right, this should basically work as plug and play.
Lastly, some links for additional reading:
http://forum.digitalspy.co.uk/board/...d.php?t=292938 -- small review, guy liked it.
http://www.mrgadget.com.au/catalog/a...ard-p-437.html -- just the specs.
Regards,
zakaluka2.